8 Easy Ways for Retirees to Make Extra Money in Their Spare Time

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5. Get Paid to Lose Weight

Losing weight and getting paid? That’s killing two birds with one stone. By using HealthyWage, you can place a bet on how much weight you want to lose – and if you win the bet you’ll get paid. Most HealthyWage users who win the bet, triple or double the original amount of money that they place on themselves. The only catch is that if you lose the bet, HealthyWage will keep your cash. There are not many better motivators than money, right?

6. Clean Out Your Closet

Now that you are retired, it might be a good idea to clean out your closet. You’ve likely collected lots of things you don’t need throughout your life, so why not sell them? It’s up to you how you do it, if you prefer a garage sale, go for it. Or, if you’d rather list your items online use Craiglist and eBay, or target people in your local areas with Letgo.

Additionally, if you’ve got lots of DVDs, CDs, or old phones you can sell them on Decluttr. It’s as simple as scanning item barcodes using the app and printing out a free shipping label. Then, post them in a box and get paid.

7. Participate in a Clinical Trial

You can make money from participating in clinical trials – don’t worry it’s not how horror movies portray it. Instead, you can get paid to track your sleeping habits, for example. Also, if you’ve got a particular ailment, you can take part in a trial to get treatment all while getting paid for it. To find clinical trials in your local area, visit ClinicalTrials.gov.

8. Enter a Writing Competition

If you like writing fiction, non-fiction or poetry, you can start making money from your skills. There are lots of writing contests online, and some pay the winner $500 or more. Check out Write Jobs for a huge list of writing competitions on a huge array of subjects.